A lien release (also known as a release of lien, lien cancellation, or cancellation of lien) is the document filed in the county records to release or discharge a mechanic’s and materialmen’s lien (also known as a construction lien or contractor lien) that was filed as a claim on the property title to secure payment for labor and materials provided to improve the real estate.
In Idaho, a lien release, also known as a release of lien or lien cancellation, is a legal document used to remove a previously filed mechanic's and materialmen's lien from the property records. These liens are typically filed by contractors, subcontractors, or suppliers who have not been paid for labor or materials used in improving real property. Under Idaho Code § 45-525, once the debt is satisfied, the lien claimant is required to file a lien release with the county recorder's office where the property is located within 10 days of the satisfaction of the debt. Failure to timely release a lien can result in penalties, including the possibility of being liable to the owner for damages. It is important for property owners to ensure that a lien release is filed after payment to clear the title to their property, and for lien claimants to file the release to avoid legal consequences.